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$ 165,000
Est. payment | /mo
3 Baths
4,356 Sqft Lot
$ 165,000
Est. payment | /mo
3 Baths
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251021378
HOA Y/N true
Year Built 1924
Annual Tax Amount $2,676
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 30X146.07
Source Realcomp
Property Description
Discover an exceptional investment opportunity in the heart of Southwest Detroit! This classic brick duplex, ideally situated between I-94 and Michigan Avenue, offers income potential with vast possibilities for expansion. Its prime location provides incredibly easy access to downtown Detroit, making it highly attractive to tenants seeking convenience and urban living. The property currently operates as a two-unit duplex, but its true value lies in its untapped potential for creating additional income-generating units. The expansive, unfinished attic presents a blank canvas, ready to be transformed into a spacious and desirable third unit.Furthermore, the full basement offers a unique opportunity for creative development. It can be thoughtfully separated to provide common laundry and storage facilities for all units, while simultaneously accommodating a distinct, walk-up studio apartment with direct access to the street – perfect for maximizing rental income.Parking is a breeze with ample space available in the rear of the property, accessible via a convenient alley, or readily available off-street parking.This is more than just a duplex; it's a strategic investment in a vibrant and growing Detroit neighborhood. With its solid brick construction, flexible layout, and incredible potential for additional units, this property is poised to deliver significant returns for the savvy investor. Don't miss your chance to capitalize on this unique opportunity! Lots of original detail in plaster and wood trim plus hardwood floors throughout both unit.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction N of Michigan/W of Livernois
Interior
Heating Forced Air, Steam
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 18011859
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by @properties Christie's Int'l R.E. Detroit
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Jeffrey Northouse
REALTOR® | Lic# 6501236995